Routable teams up with FedNow for expanded instant payments coverage
Summary
Routable added FedNow instant payments to its accounts payable automation platform. The company says the new option expands instant payment coverage and lets customers pay vendors and contractors more flexibly. With FedNow and RTP together, Routable can now reach up to 85% of US bank accounts for instant transfers. The company positions the update as especially useful for businesses that pay smaller or regional banks. Customers can now choose eligible vendors for instant payments directly inside the platform.
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No industries detected
applications
Accounting and Taxes
AskAI Classifications
Labels
SaaS
Fintech Software
Accounts Payable Software
Linked Companies
Routable
$10M to $25M